Resort & Canoe
For Sale
$650,000
505 Rainbow Park Trail, Mio, MI 48647
Hospitality property with furnished cabins, an owner’s residence, retail operations, and established river recreation facilities.
Property SizeContact for details
Lot Size2.53 Acres
Days on Market24
Property Features for 505 Rainbow Park Trail
General Information
Standard status
Active
Lot size
2.53 Acres
Property subtype
Residential Income
Zoning
Commercial
Additional Details
Business Included
Yes
Building Details
Year Built
1958
Units
8
Listing Agency:
Berkshire Hathaway Homeservices - TC
(231) 947-7777
Listed By:
Marissa Spencer · License #6501408056
Source:
Insiderealty
Added: Aug 7
Changed: Aug 29
Last Checked: Aug 29 at 10:29AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway Homeservices - TC
Investment Insights
Based on property information with market context.
This Northern Michigan resort and canoe livery includes seven furnished rental cabins, a 3-bedroom, 2-bath owner’s residence with basement, a retail store and check-in office, a pole barn, and a maintenance building. The property encompasses approximately 2.53 acres across three contiguous parcels and was originally built in 1958.
The operating business includes canoe, kayak, and tube rental services, a shuttle fleet, and a river landing lease through Consumers Energy. A Michigan DNR Commercial River Use Permit is in place. Included equipment consists of 15-passenger shuttle vans, trailers, tractors, mowers, a golf cart, and maintenance equipment. Improvements include updates to the cabins, residence, store, furnishings, landscaping, signage, fire pits, grills, kayaks, and tubes.
The operating business includes canoe, kayak, and tube rental services, a shuttle fleet, and a river landing lease through Consumers Energy. A Michigan DNR Commercial River Use Permit is in place. Included equipment consists of 15-passenger shuttle vans, trailers, tractors, mowers, a golf cart, and maintenance equipment. Improvements include updates to the cabins, residence, store, furnishings, landscaping, signage, fire pits, grills, kayaks, and tubes.
Key Highlights
- Seven fully furnished rental cabins included
- Approximately 2.53 acres across three contiguous parcels
- 3‑bedroom, 2‑bath owner’s residence with basement
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
5
Businesses Nearby
Explore this area
Business Placement
Demographics for 48647, MI
4,004
Population
3,139
Households
1.3
Avg Household Size
48
Median Age
14%
College-Educated
84%
High-School Grad
167.2 sq mi
ZIP Area
24
Density / Sq Mi
$50,594
Median Household Income
$31,548
Median Earnings
$587
Median Rent
$122,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Resort - Hospitality property with furnished cabins, an owner’s residence, retail operations, and established river recreation facilities.
Where is this resort located?
The property is located at 505 Rainbow Park Trail Mio, MI.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Seven fully furnished rental cabins included; Approximately 2.53 acres across three contiguous parcels; 3‑bedroom, 2‑bath owner’s residence with basement
